USD/CHF bounded by 0.9114 from below

"There's still significant differences between the two sides but negotiations continue. The Senate will reconvene today at 11 a.m. Washington time and perhaps have further announcements then. I certainly hope so"

- Hary Reid, a Nevada Democrat (Based on Bloomberg)

USD/CHF pair remains for the third week in a very narrow channel with a lower boundary at 0.9120 and the upper one at 0.9161. Such a long fluctuation period returned technical indicators back into a neutral zone. The only indicators still implying bearish outlook on this pair are the 20-day SMA at 0.9199 and 55-day SMA at 0.9301, which are notably higher than the current price. First attempts to brake the 20-day SMA will be a sign for possible buy orders.

Traders of USD/CHF remain fully concentrated over buy positions, since 85% of positions are long and only 15% are short. Pending orders segment shows slightly easier pressure from bulls, since 78% of orders are buy and 22% are sell.